threw the question here bcos....
i looked back of my past 10yrs, figured out myself too conservative in property investment... too kiasu and kiasi fish... so i remain as a tiny fish after 10yrs...
for e.g. before sars...
- New Hillview regency every week kept advertising 360K+ for 2 bdr
- New Industrial property about 300K+ for larger units
- Old International Plaza apartment around 500K?...
but i threw my deposit onto industrial property, because of positive cash-flow (rent > mortgage+tax+mcst charges). Now hillview regent 2bdr ~800K, industrial property up only 1.8x-2x .
I gone for "diversify" in property types, "diversify" into multiple chunks, "diversify" into different time frame (entering at different times and multiple times). All these are good for stock market but not for real estate.
Sometimes might need to concentrate the fire power, just one accurate shot, that's all…
for e.g.,
if you already holding a 1Kpsf mass market condo and intent to buy a 2nd similar one now (example only hor,… we all agreed only fools buy now…). I think would be better to sell the existing 1Kpsf condo, and buy one single better quality 2Kpsf RCR/CCR condo now. I believe CCR condo will cheong to real crazy px when market gets hotter/bubble in near future.
??...